Internet

US and British lawmakers demanded that Facebook explain how a political data firm with links to President Donald Trump’s 2016 campaign was able to harvest private information from more than 50 million Facebook profiles

Facebook said on Friday it was suspending consulting firm Strategic Communication Laboratories (SCL) and its political data analytics firm Cambridge Analytica after it found they had violated its policies.

Spotify said on Thursday it has a clear path to profit as it spelled out to retail investors its growth plans and how it aims to fend off big rivals Apple and Amazon ahead of an unusual April 3 listing.